Marriage contracts are likely to increase in popularity as millennials aim to protect inheritances and real estate passed down by
their aging baby boomer parents, says Toronto... Read more
Not exact matches
Aging baby boomers will retire but stick around (among the living) longer than their
parents.
Baby boomers have most of the wealth and the housing, so «millennials are doing less well than their
parents at the same
age.»
These are
baby boomer parents who, at the same
age, demanded independence and freedom.
Baby boomers in their 50s and 60s are carrying much more mortgage debt than their
parents did at their
age.
As
baby boomers continue to
age and Millennials continue to become
parents, America's care needs are only increasing.
Baby boomers, it seems, just haven't been jumping into Buicks the way their
parents did, and even now that
boomers are
aging, many still seem to prefer the imports that sell for about the same as the LeSabre — such as the Toyota Camry, Lexus ES 300, Honda Accord, Toyota Avalon and so forth.
I had several indie presses interested, but was worried that the subject matter — the double - edged problem for
baby boomers to support their
aging parents and college - bound children — would take too long to see the light of day and its intended readership (those over 40 who wish to make the right choices in a very difficult situation.)
This theme is expanded on in Too Much of a Good Thing: Raising Children of Character in an Indulgent
Age by Dan Kindlon, Ph. D. Kindlon praises
baby boomers for being emotionally close to their children and for raising kids who confide in their
parents more than earlier generations, but he also finds them too indulgent.
The
baby boomers are currently witnesses to the
aging process through the experiences of their
aging parents.
Didn't the
parents of the
baby boomers have to raise us and worry also about their
aging parents?
These kinds of problems often hit home for
Baby Boomers who are part of the Sandwich generation, as they find themselves trying to deal simultaneously with child raising and caring for their
aging parents.
The report — «Housing America's Older Adults, Meeting the Need of an
Aging Population» — notes that younger
baby boomers in their 50s aren't as financially stable as their
parents.
With
baby boomers deep into their peak earning years at the same time that their
aging parents are turning over much of their assets to their children, the market for timeshares is huge.
With
baby boomers deep into their peak earning years at the same time that their
aging parents are turning over much of their assets to their children, the market for timeshares is huge, says Stroman, who chairs the National Association of REALTORS ® Resort Real Estate Forum, a panel launched last year to help REALTORS ® stay on top of resort trends.
The midlife squeeze
Baby boomers who would like to downsize to put more money toward retirement are having to continue to maintain larger homes in order to accommodate their «adolescent» adult children and / or an
aging parent.